The full story on Gundlach’s latest comments is now online. He is uber-bullish USD/JPY, saying ‘of course’ the pair will go to 100 … but that will be just the start.
“I think it is going to 200″ yen to the dollar, he said.
Overall he sounds bearish on the worldwide economy, especially Europe.
“I bought more long-term Treasuries in the last month than I’ve bought in four years. I am a fan of Treasuries now. I wasn’t a fan of Treasuries in July,” said Gundlach.
He also said stocks are ‘obviously’ overbought in the short term,
